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Valued Member
Ireland
131 Posts |
I guess all three in a way ...
Like many, many households I hoard our change but purely because it's easier to only carry notes rather than any specific monetary reason.
I invested in PM's at the turn of the century when they were still affordable (to me) and although I later sold some during the big run-up I still have some that are duplicates and will be sold as and when I see fit.
I collect coins although I do not do 'sets' - the only one I even considered was sovereigns but the run in PM prices quickly dashed any hopes of ever achieving that. I collect coins that hold a fascination for me, whether that be in the design, the history or some form of 'uniqueness' in the coin itself. My collection contains far more coins worth very little than those with any meaningful intrinsic value so it is definately not an investment but a collection.
Norm
Edited by Spikey Norman
04/08/2014 06:22 am
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Valued Member
United States
109 Posts |
Not exactly sure where I would fit. About a year & 1/2 ago I was in a pawn shop looking for some electronics. While I was talking to the guy he told me he would sell me some silver at spot price. I had some gold jewelry but nothing silver so I decided to buy some. Included in the pile of silver were 8 Peace dollars. Fast forward 13 months & I decided I should take pictures of my gold/silver. (I have been working on a Wallace Baroque silverware set for a few years.) SO out it all went on the bed for picture taking when I really looked at the silver dollars. Not exactly sure why, but I decided to carry one around with me. (Probably because one can't exactly carry a silver fork around & I don't often wear my gold stuff.) A little while later I discovered a gold/silver shop near my house & when I saw the silver bullion I have to admit I got a little silver lust. . . so much nicer than the silver dollar I had been carrying around! Researching the difference between bullion & ASE lead me to the us mint webpage where I saw the ATB 5 oz quarters. The remind me of the large penny (Yes, to me they are pennies) that my father used to keep at the entrance of our house. I knew I had to try & complete a collection of these. Comparing mint prices to ebay prices showed me that people will pay more than mint prices for coins, so I started doing this to help pay for my ATB coins. (Those suckers, esp the 2012, are going to be expensive.) So.... in short I guess I am all three. Not sure how long I will continue doing this, but I am certainly enjoying the learning process Edited by Southern92
04/09/2014 06:13 am
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Valued Member
United States
134 Posts |
Apart from hoarding copper cents, I am a collector and numismatist. I like my coins and enjoy studying and learning from them. If they appreciate in value over time, all the better. However, investment is not my motivation.
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Pillar of the Community
United States
2815 Posts |
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Moderator
 United States
189142 Posts |
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Pillar of the Community
United States
1804 Posts |
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Valued Member
United States
401 Posts |
In a lot of ways Collecting & Hoarding are both branches on the same tree, while investing is not only on a different tree, it's in another forest on a different continent.
While I'd guess the vast majority of people think hoarding is "not normal", if you were honest and told people not just how much you spent on collecting but how much time you spend thinking about or reading the subject of your collection they might start to have a different opinion about the state of your mental health.
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Pillar of the Community
United States
1804 Posts |
paddy........... Quote:
While I'd guess the vast majority of people think hoarding is "not normal", if you were honest and told people not just how much you spent on collecting but how much time you spend thinking about or reading the subject of your collection they might start to have a different opinion about the state of your mental health. I was LIVING in a (TV world) of war, hate, politics, mass murder, bombings, greed-rich-poor-envy-crap, drugs, Religion gone nuts, etc, etc,etc. I now spend a lot of time out of that junk. ah ... Think I am better off in coins. |
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Valued Member
United States
401 Posts |
Domain,
my post was about what I suspect might be other peoples thoughts on collectors, not how we view ourselves. If she were reading this, my wife would be nodding her head up and down as would my 4 children!
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New Member
United States
37 Posts |
I'm a collector to my friends, an investor to my wife, and in reality... a hoarder.
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Moderator
United States
189142 Posts |
Quote:
I'm a collector to my friends, an investor to my wife, and in reality... a hoarder. I buy it.  |
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Pillar of the Community
 United States
5861 Posts |
Quote:
I'm ... an investor to my wife... Heh. As I mentioned earlier, I mostly see investing in coins as a way to justify buying some really nice eye candy that I don't actually need to complete any particular set, and that includes justifying it to my wife as well as to myself. Case in point, I just spent my tax refund on a proof Morgan dollar I've had my eye on for quite awhile. I showed it to my wife and mentioned that it seemed like a good price and she said, "well, as long as you think it's a good price and will make a good investment, go for it." Bingo! To be honest, though, I just really, really wanted a proof Morgan dollar... |
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Pillar of the Community
United Kingdom
837 Posts |
Quote:
I'm a collector to my friends, an investor to my wife, and in reality... a hoarder. I like the sound of that  ! , talk about a double life  ......or should that be a triple life    |
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Valued Member
United States
66 Posts |
Certainly not an investor, but a collector and sometimes hoarder. On the other hand the large jar of copper cents I am hoarding will eventually turn a small profit. But it is kinda hard to call that an investment.
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Bedrock of the Community
Australia
21788 Posts |
All four, less one.
My numismatic motives are reasonably similar to those of Sap.
I collect, hoard, do not buy for investment, but like to engage in numismatic study. I guess with the last one, perhaps I may qualify as a 'numismatist'.
Many nice coins, that were acquired long ago, now have a greatly increased value, but the motive to profit from them has never played a part in acquiring them in the first place.
1. collector
2. hoarder
3. investor
4. student (numismatist)
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Posted 04/09/2014 06:12 am
